Sabre Blames Airline Delays for Losses
Photo Credit: Delays, cancellations, lost bags and lower customer satisfaction dented Sabre's second-quarter results. Unsplash / Alex Suprun
Skift Take
After a strong first quarter, the technology company has been snagged by the operational issues that plagued airlines and airports in June. It was all going so well, too.
While most travel companies bounced back in the second quarter after restrictions were lifted, technology company Sabre was blighted by the airport and airline operational problems that peaked in June.
Lockdowns and other strict anti-Covid protocols across Asia Pacific also didn’t help, as international bookings in that region only recovered to 40 percent of 2019 levels.
“We were ready for it,” said CEO Sean Menke, referring to the "robust travel recovery" that was coming its way.
“Unfortunately, some airlines and airports have struggled with the pace of the recovery, leading to capacity growth moderating as the carriers and airports sought to stabilize operations with a backdrop of stron
